7370 Neo Street, Downey, CA 90241
Local realty services provided by:ERA North Orange County Real Estate
7370 Neo Street,Downey, CA 90241
$5,249,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: magdy mikhail
Office: american realty associates
MLS#:OC25168654
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,249,000
About this home
Prime Investment Opportunity in the Heart of Downey Welcome to 7370 Neo Street, a well-maintained multifamily gem located in one of Downeys most desirable residential neighborhoods. This income-producing property features 14 spacious units, each offering comfortable layouts, private entrances, and dedicated parking. Nestled on a 13,068 sf lot, the property provides a rare combination of location, stability, and upside potential. 10 units are 2-bed, 1.5-bath and 4 units are 3-bed, 1.5 bath, and several have been recently updated with modern finishes, upgraded kitchens, newer flooring, and refreshed bathrooms (see interior pics). On-site amenities include [laundry facilities, carports, private yards, 14 parking spaces. Tenants enjoy walking distance to local schools, shopping centers, restaurants, and close to the 105, 605, and 5 freewaysmaking this a prime location for commuters and families alike. With strong rental income, long-term tenants, and potential for increased cash flow, 7370 Neo Street is ideal for investors seeking solid returns in a low-vacancy, high-demand rental market. Whether youre expanding your portfolio or making your first multifamily acquisition, this property delivers. Dont miss your chance to own a rare multifamily opportunity in one of Southeast LA Countys most stable and sought-after submarkets!
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Home facts
- Listing ID #:OC25168654
- Added:110 day(s) ago
- Updated:November 17, 2025 at 02:58 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
- Heating:Forced Air Unit
Finances and disclosures
- Price:$5,249,000
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